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Bitcoin
- Thread starter James48843
- Start date
Thanks to the person who signed up!
bmneveu
Well-known member
I made the video below last night to show family and friends what I'm using to make money with bitcoin. Figured I'd share it here too. It's long but there are some links in the description to certain platforms/websites if you just wanna hear about a certain one. Enjoy!
dhstdog
Member
Great video. Thanks for sharing. Hawaii looking out for their citizens is quite funny. Reminds me of a certain politician that is no longer in office! And the TSP for limiting our transactions! Good luck with your investments and will be following your path to success! Happy New Year and Happy trading!
I hope you bought.... It just moved back over $14K.
I like the chart of ethereum a little more lately. It's been more stable.
Frixxxx
Moderator
Agreed, Ethereum seems to be in catch up mode.
1965Vintage
Member
So I moved a couple of thousand worth of ETH over to Binance and am trading alts. Guys, if you like daytrading, Binance is a dream come true! 
I am trading REQ and XLM right now and using candlesticks and the charts are so easy to read. It's too easy.
I am trading REQ and XLM right now and using candlesticks and the charts are so easy to read. It's too easy.
Guys, if you like daytrading, Binance is a dream come true!
Better than GDAX?
1965Vintage
Member
I haven't tried GDAX. But with Binance you use either BTC or ETH to trade with. They don't take USD at all. Just deposit some Bitcoin in there and you are ready to trade.
They have free Level 2, great advanced live charts, everything a professional day trader needs. All for free. The trade fees are small. I trade with ETH, and the trade fee for say a $1500 trade is around $1.70 worth of ETH I think. Since everything is in ETH it is kind of hard to keep up with, but it's cheap.
I probably made 25 trades (in and out) today alone. Increased my portfolio by 30% today alone. I'm loving it. But it is VERY addictive as you can trade 24/7 365! Have to remember to take time to eat and sleep. lol
I am daytrading anything that has good volume and when not trading my money stays in Ethereum. (I no longer like Bitcoin) Ethereum will overtake BTC in market cap this year. That is my prediction anyway. Bitcoin's fee's are too high and the transaction times are pathetic!
I paid $48 to move $220 in Bitcoin and it took 7 days to complete. I thought it was lost forever. Bitcoin will never survive unless they can fix the scaling issue. There are just too many great crypto's out there that are fast and cheap. I moved $1500 worth of Ethereum and it cost .35 cents and only took 10 minutes! Bitcoin can't compete with that.
I think that may be a good part of the reason for its recent rally. Remember what happened to bitcoin cash when it went to coinbase... Ran up from $1900 to $9500, then $4500, and now it's $2400. Of course there could be a big difference in that a lot of people owned BTH because of the fork and were looking to unload it.
There goes Ethereum.
1965Vintage
Member
Yep, the flippening has started! :bigok:
Peter Thiel’s Founders Fund Makes Monster Bet on Bitcoin
Few mainstream investors have bought large sums of bitcoin, scared off by concerns about cybersecurity and liquidity
https://www.wsj.com/articles/peter-thiels-founders-fund-makes-big-bet-on-bitcoin-1514917433
Few mainstream investors have bought large sums of bitcoin, scared off by concerns about cybersecurity and liquidity
https://www.wsj.com/articles/peter-thiels-founders-fund-makes-big-bet-on-bitcoin-1514917433
userque
Well-known member
Blow for bitcoin as Visa freezes users’ debit cards
https://www.thetimes.co.uk/article/blow-for-bitcoin-as-visa-freezes-users-debit-cards-jl0f37shk
"Cryptocurrency users, including in Britain, have had their prepaid debit cards abruptly locked as part of a surprise crackdown by Visa.
In the latest sign of an international clampdown on bitcoin and other digital currencies, the payments giant confirmed yesterday that it had closed down all the Visa-branded prepaid cryptocurrency cards issued by Wavecrest, a Gibraltar-based company, “due to continued non-compliance” with its operating rules.
The move affects nearly half a million people. The cards allow people to spend bitcoin or similar currencies on the high street.
..."{Subscription to the website needed to read further.}
https://www.thetimes.co.uk/article/blow-for-bitcoin-as-visa-freezes-users-debit-cards-jl0f37shk
"Cryptocurrency users, including in Britain, have had their prepaid debit cards abruptly locked as part of a surprise crackdown by Visa.
In the latest sign of an international clampdown on bitcoin and other digital currencies, the payments giant confirmed yesterday that it had closed down all the Visa-branded prepaid cryptocurrency cards issued by Wavecrest, a Gibraltar-based company, “due to continued non-compliance” with its operating rules.
The move affects nearly half a million people. The cards allow people to spend bitcoin or similar currencies on the high street.
..."{Subscription to the website needed to read further.}
bmneveu
Well-known member
Binance has opened their doors again to new users. One of the biggest crypto currency exchanges out there. If you are thinking about getting an account, please use my referral link: https://www.binance.com/?ref=13321008
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